Proposition 9 gives retired teachers $3.3 billion to boost their pensions
When Joe Ramirez retired from the Austin school district in 2012, his rent was about $1,000 a month. Today, as housing prices have soared in the city, her rent has doubled to $2,000, but her monthly pension remains the same as 11 years ago. For many people, it’s difficult to just cover the basics, he …
